South China Assets Holdings Limited unaudited consolidated provided earnings guidance for the three months ended 31 March 2017. For the three months, the company expected loss for the three months ended March 31, 2017 as compared with the results for the corresponding period in 2016. Such expected increase in loss for the Period is mainly attributable to increase in fair value loss on financial assets at fair value through profit or loss, and fair value loss on redemption option embedded in redeemable convertible preference shares of a related company as compared to a fair value gain in the corresponding period in 2016.